In QuickBooks Online, what is the purpose of entering transactions manually in the register? Select an answer: to reconcile bank statements with QuickBooks Online records to track sales with detailed product/service items and at the customer level, without tracking accounts receivables to enter both money in and money out type of transactions directly in the register, particularly useful for entering multiple transactions in bulk to record a transfer of funds between bank accounts

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 1CE: Match the following words with their definitions by entering the correct number in the spaces below....
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In QuickBooks Online, what is the purpose of entering transactions manually in the register?

Select an answer:

  • to reconcile bank statements with QuickBooks Online records
  • to track sales with detailed product/service items and at the customer level, without tracking accounts receivables
  • to enter both money in and money out type of transactions directly in the register, particularly useful for entering multiple transactions in bulk
  • to record a transfer of funds between bank accounts
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